On July 11, 2024, Hopen Technology (001283.SZ) accepted a specific object research on the "development of the company's cylindrical business". The company replied that the cylindrical lithium-ion batteries are mainly used in fields such as Bluetooth speakers, portable energy storage, smart home, light power, mobile payment terminals, personal care, medical devices and other fields.
Among them, the downstream application field with relatively fast industry growth rate is mainly the portable energy storage and light power market. With the continuous increase of the company's supply share in domestic brand customers, it is expected to achieve high revenue growth in the portable energy storage business this year. At the same time, the company maintains close tracking of the overseas light power market and actively grasps the growth opportunities in segmented industries.